TaxAssist Accountants has been announced as the 28th largest accountancy firm by Accountancy Magazine.

The news comes just six months after the publication of the Accountancy Age Survey where TaxAssist Accountants entered the survey for the first time at no.34.

The Accountancy Magazine survey, released this month, has shown just how tough 2010 was for the accountancy sector. After achieving a combined fee income increase of 1% in 2009, the top 60 have seen a reduction in fee income by 1% in 2010.

The number of firms reporting negative or stagnant growth has also increased, jumping from 19 to 25, and for those that had managed to grow the majority of their growth was achieved through mergers and acquisitions, rather than organic growth.

By contrast, TaxAssist Accountants saw growth in sales of 19.9% and were one of just six top 60 firms that achieved double-digit growth.